<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Assessee must prove legitimacy of borrowed funds claims; burden of proof includes presenting creditors for verification.</title>
    <link>https://www.taxtmi.com/highlights?id=31298</link>
    <description>Addition on account of borrowed fund from villagers - The burden of proving the onus is on the assessee to produce the creditors specifically when the facts and circumstances clearly raise the suspicion on the very genuineness of the claim - AT</description>
    <language>en-us</language>
    <pubDate>Tue, 20 Sep 2016 09:05:42 +0530</pubDate>
    <lastBuildDate>Tue, 20 Sep 2016 09:05:42 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=441660" rel="self" type="application/rss+xml"/>
    <item>
      <title>Assessee must prove legitimacy of borrowed funds claims; burden of proof includes presenting creditors for verification.</title>
      <link>https://www.taxtmi.com/highlights?id=31298</link>
      <description>Addition on account of borrowed fund from villagers - The burden of proving the onus is on the assessee to produce the creditors specifically when the facts and circumstances clearly raise the suspicion on the very genuineness of the claim - AT</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Tue, 20 Sep 2016 09:05:42 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=31298</guid>
    </item>
  </channel>
</rss>